Pay and prices
Inflation forecasts
Fourth quarter 2005
RPI RPI excluding mortgage paymentsAverage 2.2% 2.2%
Oxford Economic Forecasting 2.5% 2.4%
NIESR 2.8% 2.6%
Source: HM Treasury, Forecasts for the UK economy, February 2006
Fourth quarter 2005
RPI RPI excluding mortgage paymentsAverage 2.2% 2.2%
Oxford Economic Forecasting 2.5% 2.4%
NIESR 2.8% 2.6%
Source: HM Treasury, Forecasts for the UK economy, February 2006
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